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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 03, 2020
Aug. 29, 2019
Assets    
Cash and equivalents $ 7,624 $ 7,152
Short-term investments 518 803
Receivables 3,912 3,195
Inventories 5,607 5,118
Other current assets 304 235
Total current assets 17,965 16,503
Long-term marketable investments [1] 1,048 1,164
Property, plant, and equipment 31,031 28,240
Operating lease right-of-use assets 584 0
Intangible assets 334 340
Deferred tax assets 707 837
Goodwill 1,228 1,228
Other noncurrent assets 781 575
Total assets 53,678 48,887
Liabilities and equity    
Accounts payable and accrued expenses 5,817 4,626
Current debt 270 1,310
Other current liabilities 548 454
Total current liabilities 6,635 6,390
Long-term debt 6,373 4,541
Operating Lease, Liability, Noncurrent 533 0
Noncurrent unearned government incentives 643 636
Other noncurrent liabilities 498 452
Total liabilities 14,682 12,019
Commitments and contingencies
Redeemable noncontrolling interest 0 98
Micron shareholders' equity    
Common stock, $0.10 par value, 3,000 shares authorized, 1,194 shares issued and 1,113 outstanding (1,182 shares issued and 1,106 outstanding as of August 29, 2019) 119 118
Additional capital 8,917 8,214
Retained earnings 33,384 30,761
Treasury stock, 81 shares held (76 shares as of August 29, 2019) (3,495) (3,221)
Accumulated other comprehensive income (loss) 71 9
Total Micron shareholders' equity 38,996 35,881
Noncontrolling interest in subsidiary 0 889
Total equity 38,996 36,770
Total liabilities and equity $ 53,678 $ 48,887
[1] The maturities of long-term marketable securities range from one to four years.